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LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2022


	As at		As at
	December 31,		December 31,
	2022		2021
Credit Facility^(i)(ii)	$	(3,115)	$	(3,851)
2020 Notes^(i)(iii)		198,798		198,585
2018 Notes^(i)(iii)		348,487		348,316
2017 Notes^(i)(iii)		298,886		298,670
2016 Notes^(i)(iii)		349,316		349,053
2015 Note^(i)(iii)		49,821		49,755
2012 Notes^(i)(iii)		99,877		199,745
2010 Notes^(i)(iii)		—		124,950
Total debt	$	1,342,070	$	1,565,223
Less: current portion		100,000		225,000
Total long-term debt	$	1,242,070	$	1,340,223

Notes:

(i)

Inclusive of unamortized deferred financing costs.

(ii)

There were no amounts outstanding under the Credit Facility (as defined below) as at December 31, 2022 and December 31, 2021. The December 31, 2022 and December 31, 2021 balances relate to deferred financing costs which are being amortized on a straight-line basis until the maturity date of December 22, 2026 (2021 — December 22, 2026).

(iii)

The terms 2020 Notes, 2018 Notes, 2017 Notes, 2016 Notes, 2015 Note, 2012 Notes and 2010 Notes are defined below.

Schedule of Debt Principal Repayments



	2023		2024		2025		2026		2027		Thereafter		Total
2020 Notes	$	—	$	—	$	—	$	—	$	—	$	200,000	$	200,000
2018 Notes		—		—		—		—		—		350,000		350,000
2017 Notes		—		—		40,000		—		100,000		160,000		300,000
2016 Notes		100,000		—		—		200,000		—		50,000		350,000
2015 Note		—		—		50,000		—		—		—		50,000
2012 Notes		—		100,000		—		—		—		—		100,000
Total	$	100,000	$	100,000	$	90,000	$	200,000	$	100,000	$	760,000	$	1,350,000

Schedule of finance costs


	Year Ended December 31,
	2022		2021
Interest on Notes	$	64,481	$	72,795
Stand-by fees on credit facilities		3,859		5,546
Amortization of credit facilities financing and note issuance costs		3,042		3,778
Interest on Credit Facility		536		1,549
Accretion expense on reclamation provisions		15,951		6,554
Interest on lease obligations, other interest and penalties		(1,290)		5,329
Interest capitalized to assets under construction		(3,644)		(3,509)
Total finance costs	$	82,935	$	92,042

2020 Notes

LONG-TERM DEBT

Schedule of long-term debt


	Principal		Interest Rate		Maturity Date
Series A	$	100,000	2.78	%	4/7/2030
Series B		100,000	2.88	%	4/7/2032
Total	$	200,000

2018 Notes

LONG-TERM DEBT

Schedule of long-term debt


	Principal		Interest Rate		Maturity Date
Series A	$	45,000	4.38	%	4/5/2028
Series B		55,000	4.48	%	4/5/2030
Series C		250,000	4.63	%	4/5/2033
Total	$	350,000

2017 Notes

LONG-TERM DEBT

Schedule of long-term debt


	Principal		Interest Rate		Maturity Date
Series A	$	40,000	4.42	%	6/29/2025
Series B		100,000	4.64	%	6/29/2027
Series C		150,000	4.74	%	6/29/2029
Series D		10,000	4.89	%	6/29/2032
Total	$	300,000

2016 Notes

LONG-TERM DEBT

Schedule of long-term debt


	Principal		Interest Rate		Maturity Date
Series A	$	100,000	4.54	%	6/30/2023
Series B		200,000	4.84	%	6/30/2026
Series C		50,000	4.94	%	6/30/2028
Total	$	350,000